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Recital 16

(16) While the STEP relies on the reprogramming and reinforcement of existing programmes for supporting strategic investments, and reducing the Union’s strategic dependencies, it is also an important element for testing the feasibility and preparation of possible new interventions to support sovereignty and competitiveness in strategic sectors and to strengthen the Union’s industrial policy. The STEP should in particular serve as a basis for considering possible similar actions, such as a European Sovereignty Fund.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-13 · Text as adopted (Official Journal); later amendments are not incorporated in this text.